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The biggest mover today is the NZDJPY and it is to the downside, but....

The biggest mover today is the NZDJPY and it is to the downside, but....

The biggest mover today is the NZDJPY. It is currently down about 1.2% on the day. The NZD is lower vs all the major currencies today on risk off. The PM Ardern also resigned (effective February 7th) ahead of the elections. She is out of gas as the party leader.

The move lower today continues the decline started yesterday after the pair first raced higher on the back of the BOJ keeping policy steady.

Looking at the hourly chart above, that run to the upside raced up to recent s... Read More

Posted: Jan 19 2023, 17:38
Author Name: forexlive
Views: 102393

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